Market size in 2024 | US$ 623.8 million |
Forecast Market size by 2030 | US$ 824.5 million |
---|---|---|---|
Growth Rate | CAGR of 4.8% | Number of Pages | 122 Pages |
The global Anti-surge Valves market size was valued at US$ 623.8 million in 2024 and is projected to reach US$ 824.5 million by 2030, at a CAGR of 4.8% during the forecast period 2024-2030.
The United States Anti-surge Valves market size was valued at US$ 165.7 million in 2024 and is projected to reach US$ 215.2 million by 2030, at a CAGR of 4.5% during the forecast period 2024-2030.
Anti-surge valves are control devices used to prevent compressor surge in turbomachinery, ensuring stable and efficient operation in oil & gas, petrochemical, and power generation industries.
The Anti-surge Valves market is experiencing steady growth, driven by the need for improved efficiency and reliability in industrial processes involving compressors. The market benefits from ongoing investments in oil & gas infrastructure and LNG facilities. There's increasing adoption of smart anti-surge valves with advanced control algorithms for optimized performance. The market is seeing innovation in materials technology for enhanced durability in harsh operating conditions. Challenges include the complexity of surge control systems and the need for precise calibration and maintenance. The growing focus on energy efficiency and the expansion of industrial automation are expected to drive continued market expansion.
Report Overview
Anti-surge valve is a protection valve used for various types of controllers such as gas turbines and steam turbines.
This report provides a deep insight into the global Anti-surge Valves market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Anti-surge Valves Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Anti-surge Valves market in any manner.
Global Anti-surge Valves Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
General Electric Company (Baker Hughes)
Compressor Controls Corporation
Emerson Electric Co.
IMI Critical Engineering
kmo turbo GmbH
KOSO Kent Introl Limited
Metso Corporation
MOGAS Industries, Inc
Mokveld Valves B.V
SAMSON Controls Inc.
Schneider Electric
Market Segmentation (by Type)
Pneumatic Anti-surge Valves
Hydraulic Anti-surge Valves
Electric Anti-surge Valves
Market Segmentation (by Application)
LNG
Olefins
FPSO
Chemical/Fertilizer Plant
Geographic Segmentation
Report Attributes | Report Details |
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Report Title | Global Anti-surge Valves Market Research Report 2024(Status and Outlook) |
Market size in 2024 | US$ 623.8 million |
Forecast Market size by 2030 | US$ 824.5 million |
Growth Rate | CAGR of 4.8% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 122 Pages |
Customization Available | Yes, the report can be customized as per your need. |
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